Rollover Facility

Are you planning a number of major investments over the longer term? Then opt for a credit facility with short-term interest rates.

What is a Rollover Facility?

The Rollover Facility is a simplified loan for major investments in the medium or long-term. Financing extends over a long period, based on short-term interest rates.

Advantages

  • Favourable rates: you have the advantage of low short-term interest rates rather than long-term rates.
  • Flexible: you decide when to drawdown the advances and the pace at which you pay the interest.
 

   

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Your company needs major regular investments. Want to buy a new building? Or acquire another company? Purchase shares in a rival company? Investments that are essential for the growth of your business and for which you need large sums of money on a flexible basis.

 

 

The Rollover Facility gives you precisely what you are looking for:

  • a credit facility of EUR 250,000 or more
  • a repayment term of a minimum of 2 years and a maximum of 15 years, fixed at the outset;
  • you can drawdown advances whenever you want;
  • A new interest rate each time an advance is drawn down;
  • repayment on the basis of a schedule agreed in advance.

 

 

It gives you the financial freedom to invest in your company's growth.

 

 

You decide the term of the facility and the amount you borrow. You are free to decide how often you draw down an advance. The interest rate is fixed each time you draw down an advance.

 

You also decide whether you repay this interest on a quarterly, half-yearly or annual basis.

A Rollover Facility of EUR 300 000 over 10 years.
The full amount is drawn down in a single advance of EUR 300,000.
Repayment is made in 39 quarterly instalments of EUR 7,000 and one quarterly instalment of EUR 27,000.

 

Repayment schedule

 

Due date for quarter 1

 

  • Payment of interest on the sum of EUR 300,000 for the period running from the drawdown date to the expiry date
  • Drawdown of an advance of EUR 293,000 for 3 months

 

Due date for quarter 2

 

  • Payment of interest on the sum of EUR 293,000 for the previous period
  • Drawdown of an advance of EUR 286,000 for 3 months

 

Due date for quarter 39

 

  • Payment of interest on the sum of EUR 34,000 for the previous period
  • Drawdown of an advance of EUR 27,000 for 3 months

 

Due date for quarter 40

 

  • Payment of interest on the sum of EUR 27,000 for the previous period

 

This example is given for information only and is in no way binding on the Bank.


Lender: BNP Paribas Fortis SA/NV, Montagne du Parc 3, B-1000 Brussels – RPM/RPR Brussels – VAT BE0403.199.702. Subject to acceptance of your application.

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